DBS Group (OTCMKTS:DBSDY) Shares Cross Above 50 Day Moving Average – Should You Sell?

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $157.39 and traded as high as $165.60. DBS Group shares last traded at $164.89, with a volume of 34,814 shares.

DBS Group Trading Up 0.3%

The firm’s fifty day moving average price is $157.39 and its two-hundred day moving average price is $143.46.

DBS Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th were issued a $0.4671 dividend. The ex-dividend date was Monday, August 18th. This is an increase from DBS Group’s previous dividend of $0.45. This represents a yield of 498.0%.

About DBS Group

(Get Free Report)

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company’s Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.

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